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SAN FRANCISCO OFFICE DEPOT & SATELLITE HEALTHCARE

PROPERTY INFORMATION

Property Type

Medical Office, Net Lease, Retail

DETAILS

Building Square Feet

30,189

# of Floors

2

Cap Rate

4.31%

Building class

B

Year Built

1956

Year Renovated

2019

Land Acres

0.57

DESCRIPTION

Located in the bustling Geary Corridor, the Larkins Building is within a mile of both the University of San Francisco and Kaiser Permanente San Francisco Medical Center. New public transportation construction is underway in the Geary Corridor, with the first set of transit and safety treatments, including dedicated bus lanes, completed at the end of 2018. Major upgrades and coordinated utility work began in early 2019 and are expected to continue until spring 2021. The property enjoys a Walk Score of 95, a Transit Score of 79, and a Bike Score of 83.

Trophy retail/medical acquisition opportunity

Long-term NNN leases in place for both tenants

Unparalleled 2nd-story parking with 84 spaces

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